Corporate executives bullish on the economy expect to ramp up hiring in the second half of the year, according to a survey conducted by the Business Roundtable. The survey released on Tuesday found that 87 percent of the group’s CEOs expect higher sales over the next six months, and more than half plan to increase capital spending and U.S. hiring.
The survey showed slightly less confidence than three months ago, when 92 percent of those surveyed expected their sales to increase, but leaders of the group touted the survey as reflecting confidence the economy would move forward in the next six months.
“We continue to see an upward trend for the last six months of 2011,” said Ivan Seidenberg, chairman of the Business Roundtable and chairman and CEO of Verizon Communications.
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